Law

The State of Israel, through the State Attorney's Office, filed a NIS 340 million lawsuit against the Teva District Court for violating the state's intellectual property rights due to non-payment of royalties from the sale of Copaxone preparation in its renewed version for multiple sclerosis. The lawsuit was filed as part of the activities of the Civil Enforcement Unit of the State Attorney's Office, the Accountant General's Division of the Ministry of Finance and the Ministry of Health for the protection of state assets and rights, including intellectual property rights through civil law...

Teva continues to sign compromises in the opioid case - which indirectly caused the deaths of 500,000 drug users in the U.S., amid addiction to these substances - that has plagued the stock in recent years. Acquired by ABBVIE -0.36% in 2019. The two companies will jointly pay $ 161.5 million. In practice, Teva will pay the state $ 75 million over a 15-year period, along with hassle and legal costs of $ 8 million. Teva will also supply the Narcan drug over a 10-year period worth $ 27 million. West Virginia has already reached agreements with Johnson & Johnson, by the way

The U.S. Supreme Court on Monday sought the Biden administration's opinion on whether to hear a lawsuit filed by Meta's subsidiary, WhatsApp, against the NSO group. The court is examining the appeal filed by NSO regarding a lower court decision, which allowed the lawsuit to proceed. The spy company claimed to have acted as an agent for foreign governments whose identities were not disclosed when it installed the Pegasus software. The messaging app said the software was used to track 1,400 people, including journalists, human rights activists and regime opponents. The Supreme Court today...

Ben & Jerry's announcement almost a year ago that it would no longer sell ice cream in alleged "occupied Palestinian territories" continues to provoke outrage, as it finds itself a target. Ben & Jerry's initial announcement caused a large number of state pension funds and other sources to get rid of the company while devaluing its investment potential. According to some estimates, Unilever lost about 8% of its value of more than $ 4 billion in the six days following the Israeli announcement. It is unclear whether the argument will have weight in court. Unilever acquired Ben & Jerry's in...

The Knesset plenum opened on Thursday morning and its members will vote in the second and third readings on the Knesset Dissolution Law. The plenum will not advance the Metro Act and the laws necessary to obtain a visa exemption when traveling to the United States. Live broadcast from the Knesset. The vote was supposed to take place last night until midnight, but it was postponed due to the lack of agreements between the opposition and the coalition on laws to be promoted in cooperation despite the dispersal, most notably the Metro Act, laws required to promote U.S. visa exemptions and...

One week after the signing of an agreement between the Israeli franchisee of the ice cream company Ben & Jerry's and the global Unilever corporation, an arrangement that will allow him to sell the ice cream he also produces in the settlements, the American company is trying to thwart the move. Ben & Jerry's has sued its parent company Unilever with the aim of blocking the same move, saying the sale of ice cream across the Green Line "does not match its values". According to the lawsuit, this "undermines the social integrity that Ben & Jerry's has built over decades." Five members of the...

Petah Tikva Mayor Rami Greenberg is the head of the local authority that was questioned on Monday by the National Fraud Investigation Unit (JHA) in Lahav 433 on suspicion of a case involving offenses of fraud and breach of trust, extortion, abuse of power, bribery and conspiracy to commit a crime. Allowed for publication this morning. Along with Greenberg, who previously served as a police detective, three of his associates were questioned

udge Michal Agmon Gonen of the Tel Aviv District Court ruled today (Wednesday) against the prosecution's position on a preliminary question that arose in the Bezeq-yes case, in which an indictment was filed against Shaul Alovich and other defendants, alleging criminal conduct in the manner in which interested parties were promoted

The Supreme Court today (Wednesday) shortened the sentence of the former Deputy Minister of the Interior, Faina Kirschenbaum from ten to seven and a half years in prison. Kirschenbaum was convicted of bribery, fraud and breach of trust in the Israel Beitenu case. In addition to this, the judges also shortened the sentence of Rami Cohen, the former director general of the Ministry of Agriculture who was convicted in the case of accepting bribes and other crimes - from 30 to 18 months in prison

The Consumer Protection Authority imposed a fine of NIS 5,598,720 on Domicar Ltd. (Budget Car Rental) for misleading consumers under aggravating circumstances: concealing a material detail in the transaction. It is alleged that Budget sold 93 vehicles that were used as rental vehicles, which it presented as vehicles that were used as leasing vehicles to 93 different consumers. In addition, the company published 28 cars on the company website and on the Focus website, presenting them as leasing vehicles, while in practice they were used as rental vehicles, and sometimes even as leasing...